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Balancing your innovation portfolio: Does the 70-20-10 rule still apply?

Idea to Value

How much of your innovation budget and innovation efforts should focus on improving your existing business, and how much should seek to explore and transform your business for the future? But what does a well-balanced innovation portfolio look like? The 70-20-10 ratio was always an average though.

Project 284
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First-Mover or Fast-Follower: Which is the right innovation strategy for you?

Idea to Value

This idea quickly became popular in technology companies and areas like Silicon Valley where it was used as evidence of a need to launch first (even if you didn’t have a working product), spend big on marketing and get customers at any cost. As you keep innovating, you create further space between you and the market.

Strategy 257
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The Top 5 Technology Trends That Will Drive Innovation in 2018

hackerearth

Innovation is never easy, and in today’s world where everything is becoming digital, innovation is technology first and quite complex. Over the years, the linear model of innovation has been tweaked to include these variations—the phase gate model (e.g. photo editing software), and technology push (e.g.

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Smart Service Canvas

ITONICS

This information is the basis for new and innovative service offerings. Services that aggregate and analyze data through intelligent technical systems or platforms to create customer value are called smart services. We implement innovation workshops for our clients from various industries. Ecosystem Perspective.

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Creative Construction – Book review

The Inovo Group

Well-respected Harvard Business School professor and HBR contributor Gary Pisano has weighed in on the topic of large company innovation in his new book ‘Creative Construction’. He makes a compelling case that being ‘large’ doesn’t have to mean being non-innovative, or growing only through the acquisition of innovative start-ups.

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Leading Innovation = Managing Uncertainty

Strategyzer Innovation

Uncertainty is the central characteristic of innovation. While generating new ideas and inventing new technologies is important, it is even more important for innovators to identify the unknowns that have to be true for their ideas and technologies to succeed in the market. Managing your innovation portfolio.

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Great to Good Innovation

IdeaSpies

I’m going to talk about how, in the 21st Century, we need ‘Goodness’ more than ‘Greatness’ when it comes to innovation. If I asked you to name some innovations of the 20th Century, which ones would you think of? Obviously, all names listed are ‘innovators’ of their time. The innovations in the 21st Century are different.